Man Group Plc (OTCMKTS:MNGPY) – Jefferies Group increased their FY2017 earnings per share estimates for shares of Man Group in a report issued on Monday. Jefferies Group analyst P. Dobbin now forecasts that the financial services provider will post earnings of $0.18 per share for the year, up from their previous forecast of $0.15. Jefferies Group also issued estimates for Man Group’s FY2019 earnings at $0.27 EPS.
MNGPY has been the subject of several other reports. Zacks Investment Research downgraded Man Group from a “buy” rating to a “hold” rating in a report on Wednesday, December 20th. Royal Bank of Canada downgraded Man Group from an “outperform” rating to a “sector perform” rating in a research note on Thursday, September 28th.
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About Man Group
Man Group plc provides alternative investment management services worldwide. The company offers a range of liquid investment products and solutions, which include quantitative and discretionary, long only and long short, and single and multi-manager. It distributes its products and solutions directly to institutions; and to private investors through a network of intermediaries.
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